The Industrial Development Corporation is moving forward with one of three planned projects to establish the South African biofuels industry. 

Forest products group York on Thursday reported a fourfold increase in operating profit to R169.9-million in its 2011 financial year, as it continued to improve its margins. However, after-tax... 

While South Africa has experienced a challenging season, over the medium- to long-term, the fruit industry has a positive outlook, says fruit producer organisation Hortgro Services product manager... 

South African paper manufacturer Sappi is “aggressively” pursuing restructuring and cost reduction plans, with cogeneration featuring strongly, CEO Ralph Boëttger said on Thursday. The JSE-listed... 

South African paper manufacturer Sappi said on Wednesday it would shut down its 47-year old Adamas mill, in Port Elizabeth, citing severe cost pressures and the uncompetitive nature of the mill.... 

Paper and packaging group Mondi aims to settle all its land restitution claims in KwaZulu-Natal over the next two years, with 33 claims still outstanding, CEO David Hathorn said on Thursday. “This... 

Johannesburg- and London-listed Mondi said on Friday that it expected a strong rise in profit and earnings for the first half of 2011. The paper and packaging group expected its half-year earnings... 

The listing of Mpact, previously called Mondi Packaging South Africa (MPSA), on the JSE would enable the packaging company to take further advantage of growth opportunities, CEO Bruce Strong said... 

Paper and packaging group Mondi remained confident that the company would maintain an acceptable broad-based black economic empowerment (BBBEE) rating following the demerger and the separate... 

Diversified packaging company Nampak on Wednesday reported a 28% year-on-year increase in its interim headline a share to 93,5c a share, from 72,8c a share, on the back of stronger operating profit... 

Paper and pulp producer Sappi Southern Africa reported on Monday that it had initiated consultations on the closure of the Adamas paper mill, in Port Elizabeth, citing “difficult” market conditions... 

JSE-listed sugar producer Illovo on Friday said that it had successfully raised R939-million in Swaziland to fund its Umbombo expansion and cogeneration project. MD Graham Clark said that the... 

Paper and pulp producer Sappi on Monday announced that it would expand its Ngodwana mill operations in Mpumalanga to produce chemical cellulose, which is primarily used for viscose fibre in the... 

JSE- and LSE-listed paper and packaging group Mondi on Thursday said that an increase in product prices and sales volumes more than offset growing input costs and reported a profit of €187-million... 

Johannesburg- and London-listed Mondi on Friday announced that it had inked a new €750-million credit facility, with a consortium of ten banks. CFO Andrew King said that the facility would further... 

Paper and pulp manufacturer Sappi on Monday announced an offer of $680-million in senior secured notes to be issued in two series due in 2018 and 2021. The proceeds of the offering would be used... 

After two difficult trading years, paper and packaging group Mondi on Monday reported a significant increase in its full-year earnings, buoyed by a recovery in demand, which led to a positive... 

Pulp and paper producer Sappi will, within the next six months, announce several projects aimed at increasing its chemical cellulose capacity – a product used primarily by the textiles sector and... 

Paper and pulp manufacturer Sappi will continue to reduce its debt in the 2011 financial year, CEO Ralph Boëttger said on Wednesday, announcing a $150-million notes buyback. Sappi’s debt increased... 

Wood-based panel (WBP) manufacturer William Tell has received the first R9-million of a manufacturing grant from the Department of Trade and Industry (DTI). In December last year, the AltX-listed... 

Paper and packaging group Mondi expects to continue to deliver a strong performance in the last quarter of the year, but warned that the continued strengthening of emerging market currencies was... 

Gilboa Nature reserve is the first forestry property to be proclaimed as a private nature reserve within KwaZulu-Natal (KZN), under the biodiversity stewardship mechanism.

Through the biodiversity... 

Forestry and forest products group York Timbers recorded a R64,6-million profit in the 2010 financial year, a significant turnaround on the R232-million net loss recorded in the previous financial... 

Paper and packaging group Mondi has concluded its ninth land restitution settlement, transferring 258 ha of its forestry land to members of the Mkhwanazi community, in Port Durnford, in... 

Paper and packaging group Sappi has renamed its secondary fibre division, formerly known as Sappi Waste Paper, to Sappi ReFibre. This formed part of the group’s commitment to sustainability and to... 

Solid wood products group York Timbers expects its headline earnings a share for the year ended June 30, 2010, to be between 112% and 120% higher than the year before. The group expected to report... 

Paper and packaging group Mondi will sell 25,1% of its interest in Israeli-based Mondi Hadera Paper to its joint-venture partner Hadera Paper Ltd for €10,4-million. Hadera Paper would then hold a... 

A strong performance for its Europe & International division and improving conditions in its South Africa division have led to paper and packaging group Mondi reporting interim headline earnings a... 

Former Member of Parliament Valli Moosa has joined the board of pulp and paper producer Sappi as a nonexecutive director. The appointment of Moosa, who is chairperson of Sappi’s strategic black... 

Higher global pulp prices and improved demand and sales volumes have led to a significantly better financial performance for paper and pulp producer Sappi during the third quarter of this year.... 

Paper and pulp producer Mondi expects to report considerably higher interim earnings, saying that its headline earnings a share for the six months ended June 30, 2010, were likely to be between 22c... 

JSE-listed Sappi announced on Thursday that its Southern African unit would consolidate its paper and paper packaging businesses to strengthen its ability to meet customer requirements and to... 

JSE-listed packaging group Nampak has recorded a 22,5% increase in net profit to R475,7-million for six months ended March 31, 2010, compared with R388,2-million in the first half of 2009.... 

Pulp and paper company Sappi said on Friday that it expected pulp prices to remain at firm, at their current "somewhat elevated" levels, for the remainder of the year. The company, whose second... 

Paper and pulp manufacturer Mondi plans to increase its South African business' primary exports of pulp to Europe and to ultimately shift the unit's focus away from paper exports to that market, it...